Currency devaluation

[on the brink]

Good piece in the FT

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www.ft.com

The FT, for instance, makes readable any article reached at their site via a search engine

Thanks for showing us how to access FT articles

 

[Rich One]

A simple question or two..?

1. What is the Exchange Rate you get when you purchase something in BA with a US credit Card?
2. Or the Exchange for a peso extraction at ATM 's in BA ?

I read that the duty free at Ezeiza sell imports at Official Dollar Rate $82 ? chocolates and other perishables 4x1 fire sale to reduce stock accumulated for last 7 months.. Long lines seen..!

 

[on the brink]

A simple question or two..?

1. What is the Exchange Rate you get when you purchase something in BA with a US credit Card?
2. Or the Exchange for a peso extraction at ATM 's in BA ?

In both cases, I got the official dollar rate. Would be around eighty pesos now. Haven't charged anything here in a long time.

 

[Ronnie Hotdogs]

Official rate, why wouldn’t it be?

 

[Ceviche]

Good old Macri days when I was actually using credit card everywhere and credit card rate was better than blue

 

[on the brink]

The currency guessing game:
1- For a while, last year, it was better to exchange dollars at a regular bank than at a cueva.
2- The blue dollar just went from $189.45 last Friday, to $169.40 today.

Argentina....! Never a dull moment.

 

[Ceviche]

2- The blue dollar just went from $189.45 last Friday, to $169.40 today.

Argentina....! Never a dull moment.

damn!

 

[on the brink]

Down to $167 yesterday. Read that the dollar generally goes down at the end of the month, when employers need pesos to meet their payrolls.

 

[Rich One]

Down to $167 yesterday. Read that the dollar generally goes down at the end of the month, when employers need pesos to meet their payrolls.

Five reasons why the Dollar went down $26 this week

Cinco motivos que explican el derrumbe del dólar libre de esta semana

La divisa informal perdió 26 pesos, el 13,3% tras cinco caídas consecutivas. A $169 para la venta, la brecha cambiaria cayó a 116%, la más baja desde el 14 de octubre

www.infobae.com